The Union Minister admitted that he committed a gaffe by crediting the discovery of gravity to Albert Einstein instead of Issac Newton.

Piyush Goyal, however, was quick to clarify his remarks. In a statement issued, Goyal said: "The comment that I made had a certain context. Unfortunately, some friends have sought to remove the context, pick up one line and create a very mischievous narrative

Piyush Goyal said that if Einstein had only gone by structured formula and what was past knowledge, “I don’t think there would have been any innovation in this world”.

The government is expected to “soon” come out with its credit scheme for exporters, which will enhance insurance cover up to 90 per cent from 60 per cent currently, the Commerce Ministry stated in a release following the minister’s statement.

26/11 Stories of Strength: Piyush Goyal Speech

Union Railways Minister Piyush Goyal has approved to extend Visakhapatnam-Jagdalpur express upto Kirandul in Dantwada district, the Naxal-affected region of Chhattisgarh, to boost the transportation facilities. At present, this express covers a 319.47 kilometre distance between Visakhapatnam, Andhra Pradesh to Jagdalpur of Chhattisgarh. It has an average speed of 41 kilometre per hour and travels […]

Giving A major fillip to the BJP’s third generation of leaders since the party was founded by A B Vajpayee and L K Advani in 1980, Prime Minister Narendra Modi Sunday rolled out his third Cabinet reshuffle by naming Nirmala Sitharaman as Defence Minister, assigning the politically crucial Railways portfolio to Piyush Goyal and giving additional charge […]

The elevation of Sitharaman, Goyal and Pradhan brings them in the league of other leaders under 60 years of age, such as Nitin Gadkari, J P Nadda and Smriti Irani, in the Union Cabinet and furthers the BJP’s plan of political promotion for its third generation of leaders. To know more about the story watch […]

New Delhi, Feb 22 (ANI): Nepal Prime Minister KP Sharma Oli on Monday met the Minister of State with Independent Charge for Power, Coal, New and Renewable Energy Piyush Goyal at the Presidential Palace in Delhi to discuss the ongoing energy crisis in Nepal. Nepal has been importing 280 MW from India to meet its energy demand. Nepal declared energy emergency last week targeting an end to the ongoing power crisis within the next two years. Import from India will play a crucial part in meeting Nepal's power demand during the emergency period.

Canberra, Feb 11 (ANI): Minister for Power, Coal and New and Renewable Energy, Piyush Goyal, said Australia assured of providing full support to their mission of providing access to affordable energy to every citizen. Goyal was speaking at a news conference after holding an Energy Security Dialogue with Australian Minister for Resources, Energy and Northern Australia, Josh Frydenberg, in Canberra. Goyal is leading a delegation for the third India-Australia Energy Security Dialogue, which is being held from February 8-11. He also presented the idea of Australia providing gas to India on affordable rates. During the news conference, Frydenberg mentioned that though the Australian Government could not determine the prices of gas, a regulatory framework could be made that can facilitate lower prices.

Brisbane, Feb 08 (ANI): Union Minister of State (Independent Charge) for Power, Coal, New and Renewable Energy Piyush Goyal on Monday said that the Government of India is willing to consider long term fixed price contracts with Australia for the supply of gas which will enable power producer to enter into a power supply contract at an affordable price. Goyal is leading a delegation for the 3rd India-Australia Energy Security dialogue in Australia.While addressing a roundtable in Brisbane earlier today on the business opportunities for LNG (Liquefied Natural Gas) and Coal Bed Methane, Goyal stated that additionally, opportunities to control the entire value chain right from gas production, liquefaction, shipping, re-gasification and power generation can be evaluated at the current historic low prices of many of these activities. He also stressed that since coal based power is available in India at less than 5 cents per unit, the LNG providers should consider supplying gas to India at a price that is comparable.

Tokyo, Jan 14 (ANI): Minister of State (MoS) for Renewable Energy Piyush Goyal, who is presently in Tokyo to attend the eighth India-Japan Energy Dialogue, said on Thursday that the primary objective of the government is to make Japanese power firms invest in ‘Make in India’ to further provide 24x7 electricity access to the people of the country. Goyal said that he discussed and understood the challenges the Indian grids will face, particularly with the infusion of large amount of renewable energy. Goyal further assured that this engagement with the Japanese power companies will be taken to the next level in India.